Tracxn Non Current Liabilities Total vs Total Current Assets Analysis

TRACXN Stock   74.87  2.05  2.82%   
Tracxn Technologies financial indicator trend analysis is much more than just breaking down Tracxn Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Tracxn Technologies is a good investment. Please check the relationship between Tracxn Technologies Non Current Liabilities Total and its Total Current Assets accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tracxn Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Non Current Liabilities Total vs Total Current Assets

Non Current Liabilities Total vs Total Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Tracxn Technologies Non Current Liabilities Total account and Total Current Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Tracxn Technologies' Non Current Liabilities Total and Total Current Assets is -0.59. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of Tracxn Technologies Limited, assuming nothing else is changed. The correlation between historical values of Tracxn Technologies' Non Current Liabilities Total and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Tracxn Technologies Limited are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Non Current Liabilities Total i.e., Tracxn Technologies' Non Current Liabilities Total and Total Current Assets go up and down completely randomly.

Correlation Coefficient

-0.59
Relationship DirectionNegative 
Relationship StrengthVery Weak

Non Current Liabilities Total

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
Most indicators from Tracxn Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Tracxn Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tracxn Technologies Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
The current year's Selling General Administrative is expected to grow to about 10.1 M
 2021 2022 2023 2024 (projected)
Total Revenue634.5M781.1M827.7M575.9M
Depreciation And Amortization1.5M1.9M1.7M2.9M

Tracxn Technologies fundamental ratios Correlations

0.260.790.4-0.62-0.240.060.260.790.90.43-0.440.970.790.530.96-0.2-0.090.27-0.010.990.780.670.82-0.620.86
0.260.610.01-0.57-0.08-0.420.630.150.210.14-0.50.110.640.510.11-0.770.590.310.050.190.450.590.6-0.550.53
0.790.610.16-0.85-0.09-0.390.650.840.780.7-0.820.670.970.860.63-0.450.470.210.20.760.870.930.99-0.870.98
0.40.010.16-0.34-0.970.80.090.090.40.270.350.460.07-0.280.490.480.020.9-0.890.420.39-0.070.27-0.480.34
-0.62-0.57-0.85-0.340.30.28-0.69-0.62-0.66-0.80.61-0.59-0.75-0.64-0.570.38-0.57-0.450.02-0.64-0.77-0.87-0.870.83-0.84
-0.24-0.08-0.09-0.970.3-0.77-0.130.02-0.22-0.24-0.4-0.280.020.34-0.31-0.48-0.17-0.950.95-0.26-0.290.12-0.20.47-0.27
0.06-0.42-0.390.80.28-0.77-0.4-0.270.02-0.220.770.17-0.42-0.710.210.74-0.430.6-0.860.08-0.1-0.6-0.280.08-0.18
0.260.630.650.09-0.69-0.13-0.40.220.350.54-0.670.120.60.670.11-0.450.720.30.060.220.360.670.63-0.760.56
0.790.150.840.09-0.620.02-0.270.220.730.71-0.670.740.770.70.68-0.110.2-0.010.270.80.80.760.82-0.620.85
0.90.210.780.4-0.66-0.220.020.350.730.54-0.540.840.810.630.83-0.16-0.080.20.050.880.860.620.81-0.70.84
0.430.140.70.27-0.8-0.24-0.220.540.710.54-0.590.410.540.590.350.070.610.280.010.470.670.690.71-0.770.7
-0.44-0.5-0.820.350.61-0.40.77-0.67-0.67-0.54-0.59-0.27-0.84-0.99-0.220.58-0.490.29-0.64-0.39-0.59-0.84-0.750.63-0.7
0.970.110.670.46-0.59-0.280.170.120.740.840.41-0.270.640.371.0-0.09-0.190.31-0.080.990.70.580.71-0.50.77
0.790.640.970.07-0.750.02-0.420.60.770.810.54-0.840.640.90.61-0.560.330.080.30.730.860.870.95-0.790.93
0.530.510.86-0.28-0.640.34-0.710.670.70.630.59-0.990.370.90.32-0.580.43-0.230.60.480.660.860.81-0.670.75
0.960.110.630.49-0.57-0.310.210.110.680.830.35-0.221.00.610.32-0.1-0.230.34-0.120.980.670.550.68-0.470.73
-0.2-0.77-0.450.480.38-0.480.74-0.45-0.11-0.160.070.58-0.09-0.56-0.58-0.1-0.240.24-0.57-0.15-0.21-0.61-0.40.15-0.3
-0.090.590.470.02-0.57-0.17-0.430.720.2-0.080.61-0.49-0.190.330.43-0.23-0.240.34-0.05-0.10.260.510.45-0.620.39
0.270.310.210.9-0.45-0.950.60.3-0.010.20.280.290.310.08-0.230.340.240.34-0.890.290.310.070.31-0.530.35
-0.010.050.2-0.890.020.95-0.860.060.270.050.01-0.64-0.080.30.6-0.12-0.57-0.05-0.89-0.03-0.010.380.090.190.02
0.990.190.760.42-0.64-0.260.080.220.80.880.47-0.390.990.730.480.98-0.15-0.10.29-0.030.760.660.79-0.590.84
0.780.450.870.39-0.77-0.29-0.10.360.80.860.67-0.590.70.860.660.67-0.210.260.31-0.010.760.70.91-0.820.92
0.670.590.93-0.07-0.870.12-0.60.670.760.620.69-0.840.580.870.860.55-0.610.510.070.380.660.70.9-0.710.85
0.820.60.990.27-0.87-0.2-0.280.630.820.810.71-0.750.710.950.810.68-0.40.450.310.090.790.910.9-0.90.99
-0.62-0.55-0.87-0.480.830.470.08-0.76-0.62-0.7-0.770.63-0.5-0.79-0.67-0.470.15-0.62-0.530.19-0.59-0.82-0.71-0.9-0.89
0.860.530.980.34-0.84-0.27-0.180.560.850.840.7-0.70.770.930.750.73-0.30.390.350.020.840.920.850.99-0.89
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Tracxn Technologies Account Relationship Matchups

Tracxn Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets523.8M484.6M540.1M973.0M1.1B725.5M
Other Current Liab148.0M219.4M291.8M336.6M64.5M61.3M
Total Current Liabilities152.6M233.6M298.5M345.6M384.1M253.1M
Total Stockholder Equity(1.4B)222.2M206.4M596.9M708.9M744.3M
Property Plant And Equipment Net5.7M2.7M2.7M3.6M2.0M1.9M
Net Debt1.7B(18.0M)(31.9M)(26.3M)(47.8M)(45.4M)
Retained Earnings(1.7B)(1.1B)(1.2B)(839.7M)(779.0M)(817.9M)
Accounts Payable4.6M14.2M6.6M9.1M5.9M7.6M
Cash23.0M18.0M31.9M26.3M47.8M29.8M
Non Current Assets Total28.6M28.4M47.9M264.1M268.8M282.3M
Non Currrent Assets Other22.8M196.7M212.7M(3.6M)266.9M280.2M
Cash And Short Term Investments448.5M397.1M416.9M606.9M746.6M536.9M
Net Receivables54.9M56.9M71.7M97.7M83.4M70.9M
Short Term Investments425.6M379.1M385.1M580.6M680.5M504.2M
Liabilities And Stockholders Equity523.8M484.6M540.1M973.0M1.1B725.5M
Other Current Assets2.6M173.1M171.0M4.3M25.6M24.3M
Total Liab1.9B262.4M333.7M376.1M422.0M527.7M
Total Current Assets495.2M456.1M492.2M708.8M862.0M614.3M
Accumulated Other Comprehensive Income190.7M217.9M250.6M304.7M241.2M234.5M
Current Deferred Revenue124.6M194.1M254.4M291.6M313.6M233.6M
Non Current Liabilities Total1.7B28.8M35.3M30.5M37.9M36.0M

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Other Information on Investing in Tracxn Stock

Balance Sheet is a snapshot of the financial position of Tracxn Technologies at a specified time, usually calculated after every quarter, six months, or one year. Tracxn Technologies Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Tracxn Technologies and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Tracxn currently owns. An asset can also be divided into two categories, current and non-current.